by REM Editorial Team | Nov 3, 2023 | News
Canada’s housing market has been pretty quiet over the last several months, thanks to high prices and interest rates. As shared by BNN Bloomberg, Re/Max Canada’s president, Christopher Alexander, believes this will continue until 2024, with some markets performing...
by Danny Kucharsky | Oct 31, 2023 | News
Despite high carrying costs, condo investors in Vancouver and Toronto are hanging onto their properties. But, it’s often because there are few takers if they try to sell, realtors in both cities say. Listings for investment condos in Vancouver have increased and sales...
by REM Editorial Team | Oct 30, 2023 | News
They say you can have too much of a good thing, and that could be exactly what’s happening in some Canadian housing markets – those suddenly well-stocked will be seeing even more inventory in the coming months. Data from the Canada Mortgage and Housing Corporation...
by REM Editorial Team | Oct 25, 2023 | News
We saw lower inflation numbers last month, which could lead to a better situation for home buyers – despite widespread concern over another interest rate hike today from the Bank of Canada. As of now, the overnight lending rate is at 5 per cent, a high of many years,...
by REM Editorial Team | Oct 25, 2023 | News
The Waterloo region – which includes the Cambridge, Kitchener, and Waterloo areas and their multiple neighbourhoods – has become one of the priciest housing markets in Ontario, says a report from Wahi.* Which locations stand out? The Kitchener suburb of...